Innovative Democracy

Mr. Immelt, head of the world’s largest industrial company, talked about “innovative democracy.” He spoke about the…
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Mr. Immelt, head of the world’s largest industrial company, talked about “innovative democracy.” He spoke about the strength of the economy and said that the economies in Japan and Europe were improving. He discussed ways the U.S. could perform better, but is not producing enough skilled workers to operate high-tech factories. Mr. Immelt said that more sports exercise majors were graduating each year in comparison to electrical engineering graduates.

Following his remarks, he responded to questions and comments submitted by members of the audience. Mr. Jordan moderated the event.

Jeffrey R. Immelt became chairman and chief executive officer of General Electric four days before September 11, 2001. The event was held at the Four Seasons Hotel in Georgetown. close

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*The transcript for this program was compiled from uncorrected Closed Captioning.